Arrowhead Pharmaceuticals Inc
NASDAQ:ARWR
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ARWR's latest stock split occurred on Nov 17, 2011
The company executed a 1-for-10 stock split, meaning that for every 10 shares held, investors received 1 new share.
Before the split, ARWR traded at 0.645 per share. Afterward, the share price was about 6.03.
The adjusted shares began trading on Nov 17, 2011. This was ARWR's 2nd stock split, following the previous one in Jan 15, 2004.
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Arrowhead Pharmaceuticals Inc
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Arrowhead Pharmaceuticals Inc., nestled in the heart of the biotech industry, has crafted a unique narrative through its unwavering focus on RNA interference (RNAi) technology. This innovative biotech firm hones in on the intricacies of gene silencing, an approach that holds immense potential in treating previously elusive diseases. Unlike traditional pharmaceuticals that merely target proteins, Arrowhead's RNAi therapeutics dive deeper to silence the genes that cause disease at the source. By employing advanced delivery systems, they ensure that these therapeutics reach the liver, lungs, and other organs with high specificity and efficacy. This focus on RNAi positions Arrowhead as a pivotal player in the burgeoning field of genetic medicines, tackling chronic liver diseases, cardiovascular conditions, and more. The company's revenue model revolves around a two-pronged approach: collaborations with major pharmaceutical giants and the development of its proprietary pipeline. Arrowhead secures lucrative licensing agreements and research collaborations with leading pharma companies, such as Johnson & Johnson and Amgen, allowing these partners to leverage Arrowhead's cutting-edge technology for their own therapeutic pipelines. These deals often come with upfront payments, milestone bonuses, and royalty fees that flow into Arrowhead's coffers. Concurrently, Arrowhead relentlessly pushes forward with its own drug candidates, aiming to transform its laboratory breakthroughs into marketable therapies. This dual strategy not only diversifies its revenue streams but also accelerates the pace at which its innovative solutions can reach patients in need.
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MMI
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